Over-indebted households: how France changed its philosophy
"What can we do with credit, if not risk it?"
"What can we do with credit, if not risk it?"
Managers, management committees, executive committees, boards of directors... as we know, women remain under-represented at the various levels of corporate responsibility, particularly in the technology industry.
It's a well-known adage among businesses of all sizes. For the end consumer, there's no debate: with the exception of a few credit sales, you have to pay for your purchases as soon as you go through the checkout, in cash, to leave with them, or risk being prosecuted for skimming. In the vast majority of cases, payment terms do not exist. In the business-to-business world, things are different and more complex. Intercompany credit is a long-standing and common practice involving indispensable and recurring transactions between customers and suppliers.
The French know little about their country's laws. It's a pity, especially when they are used to protect people in financial distress who can no longer make ends meet, the over-indebted, more and more numerous today, faced with the rising cost of living.
In this election year, a figure published on March 26 has sent shockwaves through the economic and political debate. It concerns France's public deficit, which corresponds to the difference between total public spending and the revenue collected by taxes and duties over the course of the same year.
The Cour of Audit has severely pinpointed, in its latest report, the banking sector's lack of involvement in the energy transition. It's not easy for banks to give up financing polluting but profitable activities.